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Sergey Lavrov has praised Prime Minister Narendra Modi's recent visit to Russia, calling it a success, adding that he stated the two leaders discussed almost each and every issue mentioned on the agenda including cooperation in global organizations like G20, BRICS, and the UN. While speaking to ANI, Sergey Lavrov mentioned Russia's support for India to become a permanent member of the United Nations Security Council. «I think the visit was very successful. They discussed each and every issue on the bilateral agenda. They discussed the international situation, our cooperation in G20, BRICS, the Shanghai Cooperation Organization, in the United Nations, where we support the Indian interest to become a permanent member of the Security Council, like we do for Brazil and African candidates,» said Lavrov.

Tesla's best-selling Model Y was included in a list of electric and plug-in hybrid models that a local government in China can purchase as a service car, according to the official Chinese media outlet the Paper on Thursday. It was the first time Tesla's cars have been made eligible for government purchases in China, the Paper added. China's eastern Jiangsu provincial government published 56 batches of new energy vehicle procurements for use as service cars by party, government and public organisations in a government statement on June 6.

Restaurant Brands International says it’s spending up to $45 million on two deals intended to boost its presence in China and spur growth in what the company sees as a promising market.

Iran's Chabahar Port not only holds «great value» to landlocked Central Asian states but also «de-risks» commerce between India and Eurasia, Prime Minister Narendra Modi said on Thursday. External Affairs Minister S Jaishankar, who is in Astana to attend the SCO Summit, delivered Modi's remarks at the extended format meeting of the Shanghai Cooperation Organisation (SCO) Council of Heads of State here in the Kazakh capital. He also said, «While standing resolute on challenges, it is equally important to actively and collaboratively explore avenues of progress. The current global debate is focused on creating new connectivity linkages that would better serve a rebalanced world.» «If this is to gather serious momentum, it requires the joint efforts of many. It must also be respectful of the sovereignty and territorial integrity of states and be built on the foundation of non-discriminatory trade and transit rights to neighbours.»

BEIJING — The market for initial public offerings in Hong Kong is set to improve significantly over the next five years, starting in the second half of this year, George Chan, global IPO leader at EY, told CNBC in an interview Wednesday.

Asian shares are trading mostly higher after Wall Street benchmarks reached more milestones

Shanghai Cooperation Organisation (SCO) summit in Astana contained the most robust language ever on cross-border terrorism as well as strong references to territorial integrity linked to connectivity corridors in the region, external affairs minister S Jaishankar told ET. He described this as the most satisfying outcome of the summit from India’s viewpoint. “I am happy that Kazakhstan during their chairmanship negotiated an updated programme to combat terrorism, separatism and extremism, which was adopted in the Astana summit,” the minister said. “What is more important is the actual implementation of the programme that we have now successfully drawn up, which includes unambiguous commitment by all the member states in getting rid of all forms and manifestations of terrorism in the region, including cross-border terrorism.” The summit was held in the Kazakhstan capital on July 3-4.

PM Modi at the airport. Manturov and PM Modi shook hands and greeted each other. In a rare gesture, Manturov will also accompany PM Modi to the hotel from the airport in the same car. India's Ambassador to Russia, Vinay Kumar, was present at the airport to welcome PM Modi. The Indian community has gathered outside the hotel, where PM Modi is scheduled to arrive. Indian diaspora are also playing dhol to welcome PM Modi at the hotel.

fusion energy company 'Energy Singularity' has made the world’s first high-temperature superconducting tokamak device, reports TCD. It is located in the eastern region of Shanghai and is named ‘HH70.’ With this development, China made its foray into the fusion-based clean energy market. This device is an "artificial sun" because it works on the principle of the nuclear fusion of hydrogen atoms that occurs in the sun.

World AI Conference in Shanghai this week to showcase their latest innovations and express strong support for the country's artificial intelligence sector even as it faces U.S. sanctions. More than 150 AI-related products and solutions are being exhibited at the conference, with a small number of foreign firms such as Tesla and Qualcomm joining the predominantly Chinese line-up, according to the event organizer.

China's AI sector showed confidence this week at a major fair in Shanghai that it would overcome restrictions imposed by the West, with companies rolling out cutting-edge products developed by a growing pool of young talent. The country's generative AI industry has shown explosive growth, with the United Nations reporting China has in recent years been the top filer of patents for AI software that creates everything from illustrations to computer code.

HANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of Chinese smartphone company Honor, George Zhao, told CNBC in an exclusive interview on Thursday.

markets braced for a key U.S. inflation reading, while the yen lurked just shy of 160 per dollar level, keeping traders on alert for another round of intervention by Japanese authorities. Risk sentiment was also capped as hawkish comments from Federal Reserve officials kept near-term U.S. rate cut expectations in check in a boost to the dollar.

South China Morning Post (SCMP) reported that this unusual incident happened on May 17. The thief managed to get into the office, stealing a watch and a laptop. Before leaving, he wrote a note for the owner, advising them to upgrade their security system, according to Shanghai police. The police identified the thief as Sang. He climbed the building's wall to get in and stole a watch and an Apple MacBook. While inside, he gathered mobile phones and laptops, piled them on a desk, wrote a note, and left it under the pile of devices. «Dear boss, I took a wristwatch and a laptop. You should improve your anti-theft system. I didn't take all the phones and laptops, fearing it might hurt your business,» Sang wrote. At the end of the note, he added, «Contact me if you want your laptop and phone back,» and left his number.

Asian stocks rise after another slide for Wall Street heavyweight Nvidia kept U.S. indexes mixed Monday, even as the majority of stocks rallied

Paris Olympics 2024 is Noah Lyles. Lyles is the flashiest, and the fastest, sprinter in the United States at present and he aims at Usain Bolt's records. Reigning world 100 meters champion Noah Lyles claimed a measure of redemption by winning the 100-metre event at the US athletics trials on Sunday, booking his ticket to the Paris Olympics.

Asian shares are mostly lower after U.S. stocks coasted to the close of their latest winning week on Friday, even as Nvidia’s stock cooled further from its startling, supernova run

shipping goods in containers to Europe from Asia rose for a ninth straight week, the longest stretch of rising prices since the pandemic disrupted global supply chains in 2021. The rate for a 40-foot container to Genoa, Italy, from China hit $7,029 over the past week, the highest level since September 2022, according to the Drewry World Container Index released Thursday. The cost to Rotterdam increased to $6,867. Both rates have essentially doubled since April. Register for the ET MSME Day 2024 here.

electric vehicles (EVs) being imported into the European market, senior officials of both sides said on Saturday. Germany's Economy Minister Robert Habeck said he had been informed by EU commissioner Valdis Dombrovskis that there would be concrete negotiations on tariffs with China.

Modi government in its third term might harden its posture against the neighbour with which relations have been hostage to heightened border disputes ever since skirmishes between Indian and Chinese forces along the border in 2020. PM Modi is likely to attend the Shanghai Cooperation Organisation (SCO) in Kazakhstan in the first week of July where he might run into China’s President Xi Jinping. Shortly before a possible meeting between the two leaders, India seems to be hardening its posture against China. The two meetings between Modi and Xi after the Galwan clashes at the G20 Summit at Bali in 2022 and the BRICS Summit in South Africa a year later failed to yield any positive results. Thousands of troops remain deployed on either side of the Sino-india border .

Kazakhstan’s First Deputy Foreign Minister Akan Rakhmetullin underscored the crucial role of the United Nations in addressing urgent global challenges ahead of the July 3-4 SCO Summit. He recently highlighted the high level of interaction between Kazakhstan and the UN over 32 years of cooperation.